CFPB Clarifies Abusiveness Standard in an Olive Branch to Financial Services Providers
Learn how the CFPB plans to define and enforce unfair, deceptive or abusive acts and practices.
The CFPB’s 2020 policy acknowledges the need for clarity and appears to be an olive branch to financial institutions to help find their way through this difficult and sometimes confusing area of the law. This white paper reviews the three principles behind this policy.
Provides data privacy and security legal services for clients nationwide
Work includes incident response planning, regulatory and legal compliance, as well as incident and breach response
Background in information technology, he often interfaces with the technology and data security professionals within organizations to most efficiently help solve problems, plan for incidents, and ensure they are in compliance with applicable laws and regulations
Certified information privacy professional (CIPP/US) as well as a licensed attorney and counsels organizations of all sizes, including banks and financial services providers, regarding compliance with consumer privacy laws such as the Fair Credit Reporting Act (FCRA) and the Gramm-Leach-Bliley Act (GLBA)
Represented banks in the wake of the Dodd-Frank Wall Street Reform and Consumer Protection Act and counseled many of them through the rapid-fire CFPB led changes to Regulations X and Z
Consults with app and software developers regarding compliance with state and federal privacy regulations, including biometric data regulations such as the Illinois Biometric Privacy Act (BIPA) and the federal Children's Online Privacy Protection Act (COPPA)
Selected as a Rising Star by Georgia Super Lawyers magazine every year since 2017